Airborne 12.09.16

Airborne Hi-Def On YouTube

Airborne 12.09.16

SPACEHAB has announced
the appointment of Brian K. Harrington as Senior Vice President and
Chief Financial Officer (CFO) effective January 5, 2004.
Harrington, a 30-year veteran in corporate financial management,
will oversee all of SPACEHAB's financial operations, including
corporate finance, accounting, budgeting, regulatory compliance
reporting, and investor relations.

"We are extremely pleased to have Brian on board," said Michael
E. Kearney, SPACEHAB President and Chief Executive Officer. "We
view his extensive experience and knowledge as integral to the
continued growth of our company as we expand our role in space
commerce. I have every confidence that SPACEHAB and our
shareholders will be well served with Brian as CFO," Kearney
added.

Harrington, who
formerly served as Senior Vice President and CFO of New York Stock
Exchange listed Kirby Corporation, returns to the CFO role at
SPACEHAB after several years in financial consulting and interim
financial management positions. During his tenure at Kirby
Corporation, Harrington was instrumental in the recasting of the
former Kirby Exploration Company into the largest domestic inland
marine transporter of bulk liquid commodities. Harrington's
corporate and consulting achievements include acquisitions, bank
financings, public and private placement debt, public equity
transactions, divestures, and recapitalizations.

Harrington began his career in the U.S Army, First Armored
Division, where he served as Deputy Division Finance Officer during
the Viet Nam conflict. A Certified Public Accountant, he holds a
Masters of Business Administration from the University of Oregon
and a Bachelor of Science in Business Administration from the
University of Delaware. Harrington and his family are long-time
Houston residents where he is involved in many civic and social
activities.

Last October, SPACEHAB announced plans to close its Washington,
D.C. office and move those operations to its Houston, Texas
headquarters as part of an expense reduction effort. The Company's
previous CFO, Julia A. Pulzone, elected to remain in the D.C. area.
However, both Pulzone and the Corporate Controller, Carl Slaski,
have agreed to stay with SPACEHAB as interim consultants to ensure
a smooth transition of the finance functions.